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Solana staker loses $1.05M despite $145K rewards after 64% price drop from 2025 peak

Protocol Fundamentals
18 May 2026
Bitcoin
View Source
Bearish
pluang ai news

A Solana crypto trader who staked 21,911 SOL for two years earned $145,000 in rewards but still faced a net loss of $1.05 million due to a 64% price drop from its $294 peak in January 2025. Despite Solana's competitive 5.86% staking APY and institutional demand, the token's price fell to around $84, wiping out gains from staking rewards. The introduction of Solana ETFs in late 2025 has not yet stabilized prices for retail holders. This case highlights the risks of staking in a bear market where price declines can outweigh yield returns.

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